“Right now, the puzzle pieces aren’t fitting together very well. The manufacturing sector is arguably already in a recession, and the housing market has slumped, yet factory and construction employment remain elevated.”

https://www.bloomberg.com/news/articles/2023-01-25/how-close-is-the-us-to-recession-why-experts-are-struggling-to-predict-it

#Economy #Recession #Bloomberg #KatiaDmitrieva #SahmRule

#ClaudiaSahm, originator of the eponymous "#SahmRule," has left #Twitter.

I'm a bit sad. Might I invite her here? #Twittermigration #twitterexodus

She was one of those scholars who made it big but still seemed like a real human and not so self-absorbed that they can actually respond to you, follow you back, engage, etc. Please read her goodbye post. It is real. And down-to-earth. #Economics #MonetaryPolicy #FederalReserve #FED

https://stayathomemacro.substack.com/p/goodbye-twitter?r=yn7pm&utm_campaign=post&utm_medium=email